Tag: interest rates

Bitcoin break sounds alarm for stock markets

In mid June, I wrote an article highlighting the important zones of play for Bitcoin. The major zones being $71,466 to the upside, and $61,832 to the downside. The chart above shows the price action of Bitcoin at that time. It was Fed week, and Bitcoin was bouncing at the interim support zone. In that… Read More »Bitcoin break sounds alarm for stock markets

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Bitcoin break sounds alarm for stock markets

In mid June, I wrote an article highlighting the important zones of play for Bitcoin. The major zones being $71,466 to the upside, and $61,832 to the downside. The chart above shows the price action of Bitcoin at that time. It was Fed week, and Bitcoin was bouncing at the interim support zone. In that… Read More »Bitcoin break sounds alarm for stock markets

The post Bitcoin break sounds alarm for stock markets appeared first on Equity.Guru.

Bitcoin bounces at key support ahead of Fed decision.

This article will provide an update on the current technical set up on Bitcoin. Before we jump into the charts, let’s talk about some headlines making their way around mainstream financial media. The world’s largest cryptocurrency dropped to a one week low as traders and investors awaited CPI and the Fed decision. CPI for the… Read More »Bitcoin bounces at key support ahead of Fed decision.

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Bitcoin to $50,000 by year end?

Back on October 24th 2023, I laid out my technical analysis for Bitcoin and told the bulls that a major breakout had triggered. The breakout zone was the $31,000 zone and I expected upwards momentum while the price of Bitcoin remained above this price level. In that article, my next resistance zone came in at… Read More »Bitcoin to $50,000 by year end?

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Inflation sees the fastest increase since 1981!

Definitely not peak inflation. But my readers knew about that. The stock markets broke down on Thursday, leading many to say, “uh oh, tomorrow’s (Friday June.10th) inflation data is probably going to be bad”. And it was. Inflation accelerated in May, with prices rising 8.6%. The fastest increase since December 1981. This was more than… Read More »Inflation sees the fastest increase since 1981!

The post Inflation sees the fastest increase since 1981! appeared first on Equity.Guru.

Inflation sees the fastest increase since 1981!

Definitely not peak inflation. But my readers knew about that. The stock markets broke down on Thursday, leading many to say, “uh oh, tomorrow’s (Friday June.10th) inflation data is probably going to be bad”. And it was. Inflation accelerated in May, with prices rising 8.6%. The fastest increase since December 1981. This was more than… Read More »Inflation sees the fastest increase since 1981!

The post Inflation sees the fastest increase since 1981! appeared first on Equity.Guru.